JULY - 20216Driven by the need to identify financial crime, the Regtech market is growing at an accelerated pace. Despite the impact of the pandemic, the Regtech market is expected to grow by USD 9.7 billion during 2021-2025. Financial organizations are dealing with a significant volume of data, which is time consuming to analyze potential fraud manually. Utilizing technological disruptions across various industries, Regtech solutions have emerged to help financial organizations in identifying financial crime such as mismatch of transactions and signs of illegal activity.One significant trend is the integration of artificial intelligence with Regtech to carry out stress testing for financial forecast models and accurate predictions based on high volumes of data. The AI-enabled solutions track and monitor regulatory changes in an automated manner and provide enhanced fraud detection and prediction. Moreover, Regtech leverages different technologies such as machine learning, cloud computing and blockchain among others to reduce compliance costs and help businesses to grow. In this edition of Banking CIO Outlook, we bring you the story of some of the most successful Regtech solution providers that deliver the best outcomes for their clients. This edition also offers a combination of thought leadership from subject matter experts with real-life stories on fostering robust partnerships and exclusive insights from CIOs and CXOs. We hope this edition will provide you the assistance in choosing the right Regtech solution provider according to your requirements.Let us know your thoughts!Copyright © 2021 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Email:sales@bankingciooutlook.comeditor@bankingciooutlook.commarketing@bankingciooutlook.com JULY - 2021, Volume 07 - 05 (ISSN 2644-2418) Published by ValleyMedia, Inc. To subscribe to Banking CIO OutlookVisit www.bankingciooutlook.com Editorial StaffSalesAnnie Mathewsannie.mathews@bankingciooutlook.comVisualizerRonald DonovanIssac GeorgeManaging EditorJames RobertsonMeeting Growing Compliance Demands with TechnologyJames RobertsonManaging Editor editor@bankingciooutlook.comCarolynn WaltersJustin SmithJoseph MichaelEditorialKenneth ThomasRussell ThomasPaul Barber*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staff
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